logo
Verizon Starts Selling the RAZ Memory Cell Phone to Help Seniors and Caregivers

Verizon Starts Selling the RAZ Memory Cell Phone to Help Seniors and Caregivers

Business Wire23-07-2025
BUSINESS WIRE)--RAZ Mobility (www.razmobility.com) is pleased to announce that its award-winning RAZ Memory Cell Phone is now also sold by Verizon, one of the world's leading wireless providers. Verizon sells the Phone as an unlocked device on its website (www.verizon.com/smartphones/raz-memory-cell-phone-unlocked/).
The award-winning RAZ Memory Cell Phone is now also sold by Verizon, one of the world's leading wireless providers. The Phone is designed to help older adults stay connected with family and friends after they have difficulty using standard phones.
Share
The RAZ Memory Cell Phone is designed to help older adults stay connected with family and friends after they have difficulty using standard phones. The Phone is used by older adults experiencing cognitive decline, vision loss, hand tremors, and those who prefer an easy-to-use experience. It provides an intuitive experience for older adults and allows caregivers to manage the phone's contacts, settings, and other features, from anywhere in the world through the RAZ Care mobile app, which caregivers install onto their smartphone.
Robert Felgar, the CEO of RAZ Mobility, explained that 'the RAZ Memory Cell Phone offers many unique features that help older adults and their caregivers. A few of those features include loneliness alerts, charging reminders, and the ability to limit incoming calls to contacts to prevent phone fraud. We look forward to bringing these, and many other capabilities, to Verizon customers.'
The hardware used for the RAZ Memory Cell Phone is supplied by Motorola Mobility, which has been a valued partner to RAZ Mobility in the development of this important device.
Rick Robinson, VP and GM at the AgeTech Collaborative™ from AARP, added that 'both RAZ Mobility and Verizon are participants in the AgeTech Collaborative™ from AARP ecosystem. We are gratified to see that their participation led to innovation and collaboration that benefits older adults.'
About RAZ Mobility
RAZ Mobility's signature product is the RAZ Memory Cell Phone, which won the GLOMO Award in the Tech4Good – Best Use of Mobile for Accessibility and Inclusion category at the Mobile World Congress in Barcelona in 2025. The RAZ Memory Cell Phone is designed to help individuals with dementia, mild cognitive impairment, vision loss, hand tremors, and seniors who prefer simplicity. The unique phone makes it very easy for seniors and allows caregivers to control the phone from anywhere in the world through its remote manage feature and the RAZ Care app. For more information about the RAZ Memory Cell Phone and features, visit https://www.razmobility.com/solutions/memory- cellphone/.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump admin: Social Security policy set for mid-August now optional
Trump admin: Social Security policy set for mid-August now optional

Yahoo

time2 hours ago

  • Yahoo

Trump admin: Social Security policy set for mid-August now optional

(NewsNation) — The Trump administration has clarified that a change to the Social Security Administration's phone policy is optional. The new policy, which had a start date of Aug. 18, would have required millions of Social Security recipients to travel to field offices for routine account updates and have to go online to get a security authentication PIN. AARP sent a letter to SSA Commissioner Frank Bisignano on Tuesday, saying that the change would create an obstacle for seniors, people with disabilities and those who lack access to a computer or internet. About 3.4 million more people would have been forced to go to a field office, which has recently seen staffing cuts. 85% of parents worry about tariffs affecting back-to-school cost: Survey The SSA later said that any Social Security beneficiaries and account holders aren't required to visit a field office if they choose not to use the authentication PIN, according to Axios. Some Social Security offices had plans to close this year due to federal spending cuts made by the Department of Government Efficiency (DOGE). SSA later said the offices would not close permanently, but only from a 'time to time basis' due to weather, damage or 'facilities issues.' More than 68 million people throughout the U.S. receive Social Security benefits, and more people are starting to rely heavily on the monthly payments. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

For US Companies, Europe Is Hard to Resist: Credit Weekly
For US Companies, Europe Is Hard to Resist: Credit Weekly

Yahoo

time5 hours ago

  • Yahoo

For US Companies, Europe Is Hard to Resist: Credit Weekly

(Bloomberg) -- Companies are increasingly looking to Europe to raise money cheaply, a shift that is turning out to be a near-term positive for US corporate debt. The World's Data Center Capital Has Residents Surrounded An Abandoned Art-Deco Landmark in Buffalo Awaits Revival We Should All Be Biking Along the Beach Seeking Relief From Heat and Smog, Cities Follow the Wind San Francisco in Talks With Vanderbilt for Downtown Campus Verizon Communications Inc. this week sold €2 billion ($2.31 billion) of debt, its first deal in the European market since early 2024. Earlier in July, FedEx Corp. and PepsiCo Inc. both sold debt in the common currency, their first offerings there since 2021. US companies have sold €116.3 billion ($134 billion) of debt in Europe this year, known as reverse yankee issuance, just €4.4 billion shy of an annual record with about five months left in the year. Some corporations, like FedEx and PepsiCo, are just refinancing euro debt that's maturing, but the aggregate figure is higher with good reason: the European Central Bank is in active rate cutting mode amid muted inflation pressures, while the US hasn't cut rates since December. 'From an issuer's point of view, it's less expensive to borrow in euros,' said Gordon Shannon, a portfolio manager at TwentyFour Asset Management. The outlook for US rates in the coming months is getting hazier. A report on Friday said job growth slowed sharply over the past three months and the unemployment rate rose, signaling the labor market is shifting into a lower gear and giving the Federal Reserve more leeway to cut rates. US Treasury yields dropped, but to levels seen in early July. Even with Friday's market moves, borrowing in Europe remains cheaper. For borrowers that hedge, that dynamic may change in the coming days. Even so, over time the shift is probably toward more company bond sales in Europe, according to Hans Mikkelsen, US credit strategist at Toronto-Dominion Bank's TD Securities. As the US continues to impose more tariffs on other countries, including fresh levies announced on Thursday, foreign investors may have a 'natural tendency' to buy less US corporate bonds in favor of Euro-denominated corporate debt, Mikkelsen said in an interview. That decrease in demand will lead companies to seek out investors where they are. 'It's a bit of a long-term structural development where you'll see more US companies ease into those other markets,' Mikkelsen said in an interview. 'There will be less demand for US corporate bonds and more demand for non-US corporate bonds. US companies will have the same issuance needs. So they have to realize that they have to fund themselves more in other currencies.' In addition to US companies looking to borrow in euros, European companies are increasingly shying away from borrowing in dollars. In July, reverse yankee issuance was about $9 billion, compared with $3 billion on average for the month over the prior three years, according to Mikkelsen. European companies, on the other hand, borrowed a little more than $2 billion in dollars in July, compared with $13 billion a month on average for the prior three years. Those shifts toward European issuance go a long way toward explaining why US dollar bond sales fell short of Wall Street dealers' forecasts last month, Mikkelsen wrote. Dealers had forecast sales of around $100 billion for July, while actual sales were closer to about $81 billion, according to data compiled by Bloomberg News. In the near term, anything that reduces selling volume, known as a technical factor, could help keep spreads on US high-grade corporate bonds relatively tight. At the same time, demand, also a technical factor, remains strong globally, with cash gushing into credit funds. US company debt faces a series of pressures now, but valuations for much of the past week were at their strongest level of the year, with spreads at just 0.76 percentage point as of Thursday's close. 'If you take this overarching trend of net supply being down, banks issuing less because of regulatory reform expectations as was the case this past quarter and more US companies are issuing in Europe, all that does is further reinforce the positive technicals in the US market,' according to John Servidea, global co-head of investment-grade finance at JPMorgan Chase & Co. Week In Review US leveraged-loan issuance reached a fresh record in July, as junk-rated borrowers flocked to the market largely to reprice debt, saving companies millions in interest expenses. Deutsche Bank has seen its league table rankings drop in leveraged finance, to no. 8 from no. 1 in 2014. The bank has gotten tangled up in a series of difficult deals, and has faced internal and regulatory pressure to shrink the business, according to people familiar with the matter. Centerbridge Partners joined the ranks of many alternatives managers that see accessing 401(k) retirement funds as a logical next step for private credit firms. But while many are welcoming a future where 401(k) retirement vehicles have access to private investments, Sixth Street Partners' Co-Chief Investment Officer Josh Easterly is urging caution. Chinese developer Fantasia Holdings Group Co. plans to release a new restructuring plan in the coming weeks after previous attempts fizzled, underscoring the years-long struggle of builders to move past an unprecedented property crisis. In the US investment-grade bond market, Lazard Inc. sold $300 million of notes to refinance debt maturing in 2027, while Sherwin-Williams Co. sold $1.5 billion in three tranches. In Europe, UK utility Southern Water Ltd. sold the biggest sterling corporate bond in nearly 18 months as it seeks to shore up its finances, while General Motors Financial Co Inc. and Severn Trent sold impromptu euro debt offerings. Harley-Davidson Inc. said it plans to sell a nearly 10% stake in its finance unit along with more than $5 billion of retail loans to KKR & Co. and Pacific Investment Management Co. Bloomberg had previously reported that the firms were in advanced talks. Wall Street has a familiar gripe about the bots that now handle a growing share of trading in the corporate bond market: they are there to buy and sell your bonds, right up until you really need them. In periods of severe market stress, these computer-driven programs have historically struggled to keep up, forcing traders to turn them off. But in April, the algos showed signs of learning to stay online even when volatility spikes. A UK carpet firm that once supplied the British royal family has been scrambling for months to manage its looming debt maturities. It found a solution in an unlikely place: US distressed debt funds. EchoStar Corp., the broadband company that's missed debt payments, is being pushed by federal regulators to sell some of its airwaves to address concerns it has failed to put valuable slices of wireless spectrum to use. Legal software provider Dye & Durham Ltd. launched a review of strategic options, including a potential sale, in a bid to maximize shareholder value after reaching a truce with one of its largest investors. On the Move Oliver Thym, a partner at Thoma Bravo, is leaving the firm after more than five years as its most senior credit executive. Thym, who oversaw Thoma Bravo's credit funds and strategic debt investments, will transition out of his role by the end of this year as the firm adds Jeff Levin and Kunal Soni who previously worked at Morgan Stanley. Oaktree Capital Management hired two executives from Bain Capital and Intermediate Capital Group as it builds out its Europe direct lending business. Alessandro Nuti, who worked at Bain for over seven years, is joining as a managing director, while Kieran Thind is joining from Intermediate Capital as a senior vice president. CoBank recruited Aimee Evans as syndicate head of sales, capital markets. Evans previously worked at BMO Capital Markets as a managing director, and spent about a decade at Bank of the West before it was acquired by BMO. Sumitomo Mitsui Banking Corp.'s head of loan origination for East Asia, Hong Kong-based Wami Ha, is retiring after more than 30 years working in the banking sector. Separately, SMBC appointed former Morgan Stanley managing director Joy Kwek as head of capital markets and solutions for Asia Pacific — a newly created role based in Singapore. --With assistance from Tasos Vossos. How Podcast-Obsessed Tech Investors Made a New Media Industry Everyone Loves to Hate Wind Power. Scotland Found a Way to Make It Pay Off Russia Builds a New Web Around Kremlin's Handpicked Super App Cage-Free Eggs Are Booming in the US, Despite Cost and Trump's Efforts What's Really Behind Those Rosy GDP Numbers? ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Verizon hopes a new tactic will fix fleeing customer problem
Verizon hopes a new tactic will fix fleeing customer problem

Yahoo

time6 hours ago

  • Yahoo

Verizon hopes a new tactic will fix fleeing customer problem

Verizon hopes a new tactic will fix fleeing customer problem originally appeared on TheStreet. Verizon () , the largest mobile network in the U.S., is continuing to see large numbers of customers cut the cord on phone service, despite recent efforts to keep them from leaving. In its latest earnings report, Verizon revealed that while it added about 300,000 new phone and internet customers during the second quarter of 2025, its wireless postpaid phone churn (the number of customers who ended phone service) remained at 0.9%, compared to the previous quarter. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 The continued loss of customers comes after Verizon hiked the monthly rates for myPlan and New Verizon Plan accounts in also increased the monthly price of its Verizon Mobile Protect Multi-Device plan and Verizon Mobile Secure Multi-Device plan by $8 in March. To win back customers frustrated with price hikes, Verizon announced a new three-year price lock guarantee earlier this year. It also reportedly began offering select customers free phone lines in March, and last month, it announced a new bundle in which customers with a myPlan mobile account can obtain a smartphone, tablet, and smartwatch when they trade in an eligible phone. Verizon CEO sounds alarm on the source of the problem During an earnings call on July 21, Verizon CEO Hans Vestberg said that elevated promotional activity from competitors and other factors contributed to the continued loss of customers. 'The wireless market remains competitive, and we continue to take a strategic approach,' said Vestberg. 'As expected, postpaid churn remained elevated this quarter, reflecting the lingering effects of our pricing actions and ongoing pressure from federal government accounts.' Verizon's top competitors, such as T-Mobile and AT&T have recently been ramping up generous perks and trade-in offers to attract new customers. For example, earlier this month, T-Mobile began offering customers a free DoorDash subscription (DashPass) through its T-Life app. Last month, AT&T introduced a new low-priced phone plan for customers who are 55 years old and up. Verizon bets big on major changes to lure back customers During the call, Verizon Chief Financial Officer Tony Skiadas emphasized that the company is doubling down on improving its customers' 'loyalty and retention' by providing them with more personalized support and value. 'We have taken a series of actions to address our elevated churn,' said Skiadas. 'On June 24th, we launched initiatives designed to improve the customer experience, including leveraging AI for more personalized support. In addition, we continue to enhance our value proposition and build customer loyalty through the best value guarantee. We provide exclusive access to the best events and experiences, and our Refresh app helps customers maximize the value of their plans.'Vesterg said Verizon's recent decision to use artificial intelligence for customer support and extend its customer service hours to 24/7 allows its employees to follow a request or complaint from customers 'all the way,' addressing a major pain point. He also said that since 93% of the U.S. population is less than 30 minutes away from a Verizon store, the company will also focus on leveraging its locations to provide more support and help to customers. 'We leverage all the assets and all our employees to see that we're treating our customer better,' said Vestberg. 'And I think it's an area we can excel in.' Verizon faces an unexpected new threat The increased focus on customer loyalty and retention comes as Verizon and other phone carriers face increased competition from cable companies, which have surprisingly generated an increased number of phone customers this year. Cable giants have recently been offering customers bundle options on TV, mobile, and internet, allowing them to save money on these services. More Retail: Costco quietly plans to offer a convenient service for customers T-Mobile pulls the plug on generous offer, angering customers AT&T makes generous offer to older customers According to a recent report from MoffettNathanson, Spectrum, Comcast, and Altice USA added 886,000 new phone customers during the first three months of 2025, up from the 804,000 they added during the same time period last year. It is no surprise that customers are flocking to cable companies to take advantage of discounted phone services since phone bills increased nationwide last year. According to a recent report from Doxo, the average amount of money 94% of Americans spent on phone bills per month last year is $121, a 2% increase from what they spent monthly in hopes a new tactic will fix fleeing customer problem first appeared on TheStreet on Jul 23, 2025 This story was originally reported by TheStreet on Jul 23, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store